sell euro upon a rebound from 1.17430 | 01 June 2018
01 June 2018, EUR/USD
Wave Analysis
Euro is continues to correct itself but is still just a few pips below the horizontal resistance line 1.17430. This is a key level and as long as it protects the upper side, we're waiting for a clear rebound from it to pick a perfect low rise sell position with an ultimate target at 1.13. If you're already in a short position, then leave this position open, if not, then look for a short position around 1.17430. This view will only be invalidated in case the price breaks above 1.17430. This being the case, we recommend staying flat.
Trade Recommendation,
sell euro upon a rebound from 1.17430
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
